247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Happiest Minds Technologies Limited IPO (Happiest Minds Technologies IPO) Details

Happiest Minds Technologies Limited is an Information Technology based company, located in Bangalore, Happiest Minds Technologies Limited IPO size was 702.02 Cr. and was issued at 166.00 per share. The share of Happiest Minds Technologies Limited were listed at 371.00 per share and are currently trading at 720.85 per share.

Type :
Sub Sector : Versatile Digital Business Product Engineering And Infra Management Solution Provider
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
747.96 Cr.

PAT :
200.72 Cr.

Pricing Report

Issue Price :
166.00

Listing Price :
371.00

Current Market Price :
720.85

Issue Price vs CMP :
554.85 (334.25%)

listing Price vs CMP :
349.85 (94.30%)

Performance Report (CAGR* wise)

CAGR : 40.18
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Happiest Minds Technologies

Company Information
Positioned as "Born Digital. Born Agile," Happiest Minds Technologies Limited focuses on delivering seamless digital experiences to its customers. Its offerings include digital business, product engineering, infrastructure management, and security services. With comprehensive capabilities, the company provides end-to-end solutions in the digital domain.
The organization has cultivated a customer-centric approach aimed at addressing immediate business needs while delivering strategically viable, futuristic, and transformative digital solutions. It assists clients in discovering innovative ways to engage with their users, enhancing responsiveness, engagement, and operational efficiency.
The company's solutions span a wide range of cutting-edge digital technologies, including Robotic Process Automation (RPA), Software-Defined Networking/Network Function Virtualization (SDN/NFV), Big Data and advanced analytics, Internet of Things (IoT), cloud computing, Business Process Management (BPM), and cybersecurity.
Object of Issue
  • To meet long term working capital requirement and
  • General Corporate Purposes

Happiest Minds Technologies MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Sep, 2020
IPO Size :
702.02 Cr.
IPO Subscription :
150.98 X     
PE Multiple :
12.00
Merchant Banker :
ICICI Securities Limited
IPO Registrar:
Kfin Technologies Limited

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FAQs

Happiest Minds Technologies operates in Information Technology and Versatile Digital Business Product Engineering And Infra Management Solution Provider. The Issue is listed on MainBoard in Sep, 2020. Happiest Minds Technologies IPO size was 702.02 Cr. with Issue price of 166.00 .

Merchant Banker(s) of Happiest Minds Technologies IPO: ICICI Securities Limited , Nomura Financial Advisory And Securities (India) Private Limited

Happiest Minds Technologies IPO subscription was 150.98 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Happiest Minds Technologies IPO listed at a listing price of 371.00 against the offer price of 166.00.

The current market price of Happiest Minds Technologies is 720.85.

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